Glottis Share Price, Company Overview & IPO Details
Glottis, a Chennai-based integrated logistics company, made a disappointing debut on the stock market on October 7, 2025. The Glottis share price listed at Rs 84 on the NSE, a steep discount of nearly 35% to its IPO issue price of Rs 129. On the BSE, the stock began trading at Rs 88, a discount of 31.78%.
About Glottis Ltd.
Glottis is a leading multi-modal, integrated logistics service provider with a specialised focus on energy supply chain solutions. The company offers end-to-end transportation services through ocean, air, and road logistics, along with warehousing and customs clearance.
Key Business Highlights
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Diverse Client Base: The company serves customers across a wide range of industries, including renewable energy, engineering products, granite and minerals, automotive, chemicals, and FMCG.
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Global and Domestic Network: Glottis operates a pan-India network through eight branch offices and has a global reach, serving over 1,200 clients across 119 countries. Its network includes 171 overseas agents, 98 shipping lines, and 22 airlines.
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Operational Scale: In the 2024 fiscal year, the company handled nearly 95,000 twenty-foot equivalent units (TEUs) of imports.
Glottis IPO & Listing Performance (September-October 2025)
The IPO of Glottis, which was open from September 29 to October 1, 2025, received a modest response from investors, with an overall subscription of 2.05 times.
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Listing Price (NSE): Rs 84 (34.88% discount)
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Listing Price (BSE): Rs 88 (31.78% discount)
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IPO Price Band: Rs 120 – Rs 129 per share
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Issue Size: Rs 307 crore (Fresh issue of Rs 160 crore + OFS of Rs 147 crore)
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Subscription Status: The issue saw subdued demand across categories. The Non-Institutional Investor (NII) portion was subscribed 2.97 times, the Qualified Institutional Buyer (QIB) portion 1.87 times, and the retail portion 1.42 times.
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Listing Performance: The debut was much weaker than expected. The grey market premium (GMP) was nil ahead of the listing, indicating a flat debut was anticipated, but the actual listing was at a significant discount.
Use of IPO Proceeds
The net proceeds from the fresh issue component of the IPO are intended to be used for:
Financial Highlights
Glottis has demonstrated robust growth in its recent financials. For the fiscal year ending March 31, 2025, the company reported:
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Revenue: Rs 942.5 crore, nearly doubling from Rs 499 crore in the previous year.
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Net Profit: Rs 56.1 crore, an 81% year-on-year increase.
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Valuation: Analysts noted that the IPO was fully priced, with a P/E multiple of around 21 times its post-issue earnings, leaving little room for listing gains.
What You Can Find on This Company Page
This page is your complete resource for all information related to Glottis Ltd. Here’s what you can access:
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Live Glottis Share Price: Track real-time price movements and analyse historical performance with charts.
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IPO and Listing Details: Get all the information about the IPO, including the price band, subscription details, and listing day performance.
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In-Depth Financial Analysis: Access detailed financial statements and key ratios.
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Shareholding Pattern: Get a clear picture of the company's ownership structure.
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Latest News and Corporate Actions: Stay informed about the latest company announcements and other market-moving news.
Frequently Asked Questions (FAQs) about Glottis Share Price
Q1: What was the listing price of Glottis?
The shares listed at Rs 84 on the NSE and Rs 88 on the BSE, a steep discount of about 32-35% to the IPO price of Rs 129.
Q2: How was the investor response to the Glottis IPO?
The IPO was subscribed 2.05 times, with modest demand across all investor categories.
Q3: What does Glottis do?
Glottis is a multi-modal integrated logistics company that provides transportation, warehousing, and customs clearance services, with a special focus on the energy supply chain.
Q4: What was the issue size of the Glottis IPO?
The IPO was a mix of a fresh issue and an Offer for Sale, aggregating to Rs 307 crore.